CoinMarketCap has shown that the king crypto has spiked to another all-time high, reaching $28,533.
Advertisement
The previous ATH equaled $28,337 three days ago. Bitcoin's market cap now totals an eye-popping $528,410,897,055.85 (a rise by 8.13 percent over the past 24 hours) with the market cap of the Visa giant far behind.
Mon, 12/28/2020 - 16:27
Key Factors That Drove Bitcoin to New $28,377 ATH Throughout 2020
Fidelity: Fed Could Boost Bitcoin by Restarting 'QE Engines'
Dormant Bitcoin Whale Returns With $35 Million BTC Transfer After 12.4 years
XRP Gets Zero Mentions at White House, $58.7 Million Shiba Inu Locked, Ripple Hiring Executive: Crypto News Digest
$246 Million in XRP Moved at Once, What's Happening?
BTC dominance is 70.17 percent, as per CoinMarketCap. The massive BTC rally this fall and winter has been caused by numerous factors, with financial institutions' hunger for Bitcoin as a safe haven (Grayscale now holds $19 billion worth of Bitcoin and other cryptocurrencies) and the XRP collapse due to the SEC lawsuit among them.
Advertisement
Dan Burgin
Vladislav Sopov
U.Today Editorial Team